Nifty Bank Put options distribution shows that the 39,000 strike price, followed by 38,000, have the highest open interest (OI) concentration, which may act as support for the current expiry.
Nifty Bank Put option distribution suggests that 43,000-strike has the highest OI concentration, followed by 42,500, which may act as support for the current expiry
Nifty Bank December futures are trading in at a premium of 217.05 points. The strike of 43,000 has the largest Put options open interest (OI) concentration, which may provide support for the present expiry
Stock Market News Live: Sensex and Nifty are expected to open on a lower note today amid weak cues from the global markets. Asian shares fell, tracking an overnight decline in Wall Street. Japan's Nikkei plunged 1.55 per cent, South Korea's Kospi slipped 0.95 per cent, China's Shanghai Composite edged 0.15 per cent lower, while Hong Kong's Hang Seng index rose 0.26 per cent.